Date Approved
01/16/2021
SBA Office Code
0341
Processing Method
PPS
Borrower Name
JAC/RAC INVESTMENT CO INC
Borrower Address
36887 Jahnigen Dr
Borrower City
Frankford
Borrower State
DE
Borrower Zip
19945-4591
Loan Status Date
01/11/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
146153.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
30804
Servicing Lender Name
Bank of Ocean City
Servicing Lender Address
10005 Golf Course Rd
Servicing Lender City
OCEAN CITY
Servicing Lender State
MD
Servicing Lender Zip
21842-9700
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
SUSSEX
Project State
Project Zip
CD
DE-
Jobs Reported
10
NAICS Code
721110
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1.00
Payroll Proceed
146149.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
142362.45
Forgiveness Date
12/23/2021